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Volume 19 - Number 1

December 30, 2014

Loan Doc Fraud Most Reported in 2013

Most of the mortgage fraud investigations in 2013 that involved industry professionals were about misrepresentations on loan documents, evidence that the market remains fertile for fraud, according to a new LexisNexis report. Focusing on proven incidences of fraud, the report found that the share of loans investigated in 2013 for misrepresentation on the credit report, credit history or references rose to 17 percent from 5 percent in 2012. Notably, property valuation fraud ...

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After the November elections, how long will it take for a new Congress and White House to pass GSE reform legislation?

I’m confident a bill will be passed the first year.


2 to 3 years. GSE reform is complicated.


Sadly it won’t happen in a Clinton or Trump first term.


Not in my lifetime.


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